This content is from: Portfolio
The 2016 Tech 50: Chris Corrado
The London Stock Exchange Group’s COO comes in at No. 40, down from No. 30 last year.

In March, four months after Chris Corrado’s arrival at London Stock Exchange Group, the company sealed its $20 billion merger-of-equals agreement with Deutsche Börse (see Andreas Preuss, No. 28). But Corrado says the pending deal has not affected the information technology projects and momentum he inherited when Antoine Shagoury (No. 25) moved to State Street Corp. Shagoury’s five years at LSEG saw multiple installations of subsidiary MillenniumIT’s high-performance trading and postttrade systems, and postmerger integrations of FTSE Group and LCH.Clearnet Group. “This company wants to be one of the top three in market infrastructure in the world,” says Corrado, 56, who is both chief operating officer and chief information officer. “It’s been quite a ride so far.” In February, Corrado launched a three-year IT plan covering the three main business lines: capital markets, data, and settlements and clearing. Technology management is being decentralized among business-unit CIOs, who have access to a newly created shared services unit — a structure not unlike others Corrado has seen evolve over a 35-year career that included stops at Morgan Stanley, Deutsche Bank, Merrill Lynch & Co., UBS and, most recently, MSCI, which he joined in 2013 as the indexing giant’s first CIO. Corrado has a team of about ten in Australia, the U.K. and the U.S. researching such emerging technologies as machine learning and big-data analytics. Several working groups are investigating blockchain for posttrade processes and private markets, and there is a partnership with IBM Corp. to develop an open-source implementation. “It’s kind of like how the Internet took off,” Corrado says of blockchain adoption. “You always have the bleeding edge, the leading edge, the mainstream and then the laggards.” For LSEG lagging is not an option.
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![]() 2. Jeffrey Sprecher Intercontinental Exchange ![]() 3. Lance Uggla Markit ![]() 4. Phupinder Gill CME Group ![]() 5. Shawn Edwards and Vlad Kliatchko Bloomberg ![]() 6. R. Martin Chavez Goldman Sachs Group |
![]() 7. Robert Goldstein BlackRock ![]() 8. Adena Friedman Nasdaq ![]() 9. Deborah Hopkins Citi Ventures ![]() 10. Daniel Coleman KCG Holdings ![]() 11. Stephen Neff Fidelity Investments ![]() 12. David Craig Thomson Reuters |
![]() 13. Michael Spencer ICAP ![]() 14. Michael Bodson Depository Trust & Clearing Corp. ![]() 15. Charles Li Hong Kong Exchanges and Clearing ![]() 16. Chris Concannon BATS Global Markets ![]() 17. Blythe Masters Digital Asset Holdings ![]() 18. David Rutter R3CEV |
![]() 19. Neil Katz D.E. Shaw & Co. ![]() 20. Lee Olesky Tradeweb Markets ![]() 21. Richard McVey MarketAxess Holdings ![]() 22. Seth Merrin Liquidnet Holdings ![]() 23. Robert Alexander Capital One Financial Corp. ![]() 24. Brad Katsuyama IEX Group |
![]() 25. Antoine Shagoury State Street Corp. ![]() 26. David Gledhill DBS Bank ![]() 27. Lou Eccleston TMX Group ![]() 28. Andreas Preuss Deutsche BÖrse ![]() 29. Dan Schulman PayPal Holdings ![]() 30. Scott Dillon Wells Fargo & Co. |
![]() 31. Mike Chinn S&P Global Market Intelligence ![]() 32. Craig Donohue Options Clearing Corp. ![]() 33. Gary Norcross Fidelity National Information Services ![]() 34. Steven O'Hanlon Numerix ![]() 35. Sebastián Ceria Axioma ![]() 36. Michael Cooper BT Radianz |
![]() 37. Tyler Kim MaplesFS ![]() 38. Neal Pawar AQR Capital Management ![]() 39. David Harding Winton Capital Management ![]() 40. Chris Corrado London Stock Exchange Group ![]() 41. Brian Conlon First Derivatives ![]() 42. Jim Minnick eVestment |
![]() 43. Stephane Dubois Xignite ![]() 44. Mazy Dar OpenFin ![]() 45. Yasuki Okai NRI Holdings America ![]() 46. Kim Fournais Saxo Bank ![]() 47. Jock Percy Perseus ![]() 48. Robert Schifellite Broadridge Financial Solutions |
![]() 49. Brian Sentance Xenomorph Software ![]() 50. Pieter van der Does Adyen |